Rent Guarantee for Landlords
Add Rent Guarantee to your Landlord Legal Expenses policy for only £25
Our Landlord Legal Expenses policy will cover the legal costs of pursuing a tenant for unpaid rent.
However, we are able to extend this policy to provide you with "rent guarantee". In the event of a tenant defaulting on their payments, this extension will actually pay you the monthly rent whilst your solicitors are obtaining payment from the tenant. This means you will not be out of pocket during this difficult process*.
Please Note
Rent Guarantee cover is only available when purchased in conjunction with your own or let home insurance which is arranged via Alan Boswell Group.
Main features include:-
- Max cover £25,000
- Up to 12 months cover
- 1st months excluded from date of first default
- Tenant Reference to be in place
- No cover for Commercial or unoccupied properties
Tenant referencing must cover:-
- A credit check showing no County Court Judgements;
- Copies of two forms of identification, one of which must contain a photograph;
- Proof of ability to pay the rent.
*Rent Guarantee is an extension to Landlord Legal Expenses and cannot be purchased on its own.